The Saudi stock market index (TASI) witnessed a slight decline of 0.06% in early trading on Sunday, settling at 11,336 points, with trading volumes reaching 1.3 billion Saudi Riyals (approximately $346 million).
In the trading context, the stock of Kimanol topped the list of gainers, rising by 10%, followed by Industrial Solutions, which increased by 5.6%. Additionally, Arabian Drilling saw a gain of 4%, while Adis recorded an increase of 1.3%, bringing their prices to 84.6 and 18.4 Riyals respectively.
Market Activity Details
Conversely, the stock of Gulf Union Cooperative Insurance led the decliners, dropping by 2.14%, followed by Kingdom Holding, which fell by 2%. Moreover, Ma'aden experienced a decrease of 0.4%, while SABIC declined by 1%, with their prices reaching 69.85 and 59.5 Riyals respectively.
It is noteworthy that the Saudi energy sector demonstrated its ability to overcome global economic challenges in 2025, achieving net profits exceeding $92.5 billion (around 347.2 billion Riyals). Despite pressures from global market fluctuations, the financial results indicated a strategic shift in performance, where operational efficiency emerged as a key driver, rather than solely relying on oil price momentum.
Background & Context
Despite an 11.5% decline in profits compared to the previous year, the results showed positive variations in the performance of certain companies such as Bahri and Adis. This decline is attributed to the reduced profits of Aramco, the most significant player in the market, which reported profits of $92.75 billion (approximately 348.04 billion Riyals) in 2025, marking a decrease of 11.64% from the previous year.
Additionally, Bahri exhibited a slight profit growth of 0.12%, while Adis achieved profits of $218.13 million (around 818.5 million Riyals) with a growth rate of 2%. Nonetheless, revenues for companies in the sector declined by 4.74%, recording revenues of $430.12 billion (approximately 1.61 trillion Riyals).
Impact & Consequences
Commenting on these results, financial market analyst Dr. Suleiman Al-Humaid Al-Khalidi emphasized that the energy sector remains vital to the Saudi economy, noting that the profit decline is a natural occurrence following exceptional levels in 2024. He highlighted that current challenges necessitate companies to focus on enhancing operational efficiency and diversifying income sources.
On another note, the CEO of G-World, Mohammed Hamdi Omar, predicted that the energy sector will continue to be a cornerstone of the Saudi economy, stressing the importance of companies' ability to adapt to global changes. He affirmed that the future will favor those who possess flexibility and financial discipline.
Regional Significance
These developments in the Saudi stock market serve as an indicator of the stability of the Saudi economy amid global challenges. They reflect the Kingdom's capability to manage crises, thereby enhancing investor confidence in the Saudi market. While other Arab countries strive to bolster their economies, the Saudi experience could serve as a model to emulate.
In conclusion, the Saudi energy sector remains at the heart of the national economy, with a pressing need to focus on innovation and efficiency to ensure sustainable growth in the future.